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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionObjectives
Revenue Recognition Processing- Revenue recognition events
  • 1. Revenue adjustments and reallocation
    • 2. Revenue scheduling and accounting entries
      - Contract processing
      • 1. Performance obligation fulfillment
        • 2. Contract modification handling
          Implementation and Configuration- Setup and functional configuration
          • 1. Revenue management setup tasks
            • 2. Source document and transaction mapping
              - Pricing and allocation rules
              • 1. Revenue allocation rules setup
                • 2. Standalone selling price (SSP) configuration
                  Integration and Reporting- Reporting and analytics
                  • 1. Period close reporting
                    • 2. Revenue dashboards and reports
                      - Integration with Oracle Cloud ERP
                      • 1. Subledger accounting integration
                        • 2. Source systems data ingestion
                          Revenue Management Cloud Service Fundamentals- Revenue standards overview
                          • 1. Performance obligations identification
                            • 2. IFRS 15 / ASC 606 principles
                              - Core concepts of Revenue Management Cloud
                              • 1. Subscription and contract revenue concepts
                                • 2. Revenue lifecycle and recognition principles

                                  Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

                                  1. Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?

                                  A) Reverse line
                                  B) Reject contract
                                  C) Void contract
                                  D) Preserve contract
                                  E) Reject line


                                  2. Given Oracle Revenue Management Cloud has predefined integration with Oracle E-Business Suite Financials, which two steps are NOT part of the steps to configure EBS for integration with Revenue Management Cloud?

                                  A) Set the System Options in EBS Receivables on the Revenue Management tab.
                                  B) Run the Deploy System Options process.
                                  C) Apply appropriate patches to EBS.
                                  D) Map the EBS Chart of Accounts to the Cloud General Ledger.
                                  E) Set the Profile Option AR: Source System Value for Revenue Management.


                                  3. Which three statements about Effective Periods are true?

                                  A) If effective periods are not defined, Revenue Management uses the General Ledger calendar.
                                  B) You cannot have overlapping periods.
                                  C) Effective Periods are used for standalone selling prices and for creating journal entries.
                                  D) Effective Periods only define the rage where standalone selling prices of an item should be effective.
                                  E) Gaps between periods are not allowed.


                                  4. In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?

                                  A) It tracks the difference in a Write-off Allocation Account at the contract level.
                                  B) It tracks the difference in a Discount Allocation Account at the contract line level.
                                  C) It Tracks the difference in a Write-Off Allocation Account at the contract line level.
                                  D) It tracks the difference In a Discount Allocation Account at the contract level.


                                  5. A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

                                  A) Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.
                                  B) Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.
                                  C) Run the Calculate Observed Standalone Selling Prices program to derive prices.
                                  D) Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.


                                  Solutions:

                                  Question # 1
                                  Answer: B,E
                                  Question # 2
                                  Answer: B,D
                                  Question # 3
                                  Answer: B,D,E
                                  Question # 4
                                  Answer: B
                                  Question # 5
                                  Answer: C

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